California Business News

California Becomes the Fourth-Largest Economy in the World

News Summary California has officially surpassed Japan to become the fourth-largest economy globally, with a nominal GDP of $4.1 trillion.…

2 months ago

California Overtakes Japan to Become the Fourth-Largest Economy

News Summary In a major economic milestone, California has surpassed Japan to claim the position of the world’s fourth-largest economy…

2 months ago

California Cities Propose Bill to Extend Nightlife Hours

News Summary California legislators are pushing Assembly Bill AB 342 to create 'hospitality zones' that would allow bars and nightclubs…

2 months ago

California Greenlights Self-Driving Heavy-Duty Trucks

News Summary California's regulators have proposed new rules that would allow self-driving heavy-duty trucks above 10,001 pounds to be tested…

2 months ago

California Proposes Regulations for Self-Driving Heavy-Duty Trucks

News Summary California's regulators are moving forward with a proposal to allow self-driving heavy-duty trucks on public roads, a significant…

2 months ago

Altadena and Malibu Prepare for Safer Power Lines

News Summary Southern California Edison (SCE) has announced a major plan to underground power lines in Altadena and Malibu, aimed…

2 months ago

Valero Energy Faces $1.1 Billion Writedown in California

News Summary Valero Energy Corp. announced a $1.1 billion writedown on its California oil refineries, prompting concerns about the state's…

2 months ago

California Surges to Fourth-Largest Economy in the World

News Summary California's economy has surpassed Japan to become the fourth-largest globally, with a nominal GDP of $4.1 trillion. Governor…

2 months ago

California’s Kaiser Permanente Fined Over Late Complaint Responses

News Summary Kaiser Permanente was fined $819,500 by the California Department of Managed Health Care for failing to promptly respond…

2 months ago